Shanghai Mitsubishi Elevator Produces One Millionth Unit

Continues to expand huge cumulative volume produced over last 34 years in China

TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Shanghai Mitsubishi Elevator Co., Ltd. (SMEC), a joint venture company operating in China, produced its one millionth unit, including both elevators and escalators, this month, 34 years after starting production at the company�s Min Hung Plant in 1987. Mitsubishi Electric, working in collaboration with SMEC, continues to deliver safety, peace of mind and riding comfort in China, the worlds largest elevator and escalator market, and maintain its market-leading brand.

Mitsubishi Electric became the first Japanese company to directly manufacture, sell, install and service elevators and escalators in China when it teamed up with Shanghai Electric Group to establish SMEC in Shanghai in 1987.

SMEC is well known for the quality of its products and services. For the past 10 years, including this year, it has been named as the No.1 preferred supplier and service brand in the elevator and escalator sector by Chinas top 500 real estate development enterprises in a survey organized by China Real Estate Association and E-house China R&D Institute.

SMEC is steadily introducing products incorporating the most advanced technologies, thereby contributing to the ongoing growth of Chinas elevator and escalator industry. The company delivers products and services focused on safety, peace of mind and riding comfort through a nationwide network of 89 branch offices.

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